Investment and Finance

iliad Group makes $1.3 billion investment in Tele2

The iliad Group confirms that Freya Investissement, an investment vehicle jointly owned by iliad and NJJ Holding (Freya), is buying 19.8% stake in Tele2 for $1.3 billion (SEK 13 billion).

Bouygues Telecom to buy French MVNO from La Poste

French operator Bouygues Telecom has signed an exclusive agreement with La Poste group for 100% of its subsidiary La Poste Telecom, the largest mobile virtual network operator (MVNO) in the French market.

Satellite ground station start-up raises $6.3 million

Former Disney star, Bridgit Mendler, has co-founded a satellite ground station business with husband and CTO Griffin Cleverly and head of software, Shaurya Luthra.